Tharman on his independence and how president’s role of safeguarding reserves will evolve

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Tharman on his independence and how president’s role of safeguarding reserves will evolve
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SINGAPORE - Presidential hopeful and former senior minister Tharman Shanmugaratnam was in the thick of action the two times that Singapore unlocked its reserves during crises. Read more at straitstimes.com.

SINGAPORE - Presidential hopeful and former senior minister Tharman Shanmugaratnam was in the thick of action the two times that Singapore unlocked its reserves during crises.

He says: “It’s not just a matter of a second key, the Government comes to you, and you decide whether to turn it or not. You’ve got to understand the issues well. You’ve got to have a dialogue with the Government on it. And it helps to have a background where you have been deeply involved in economic policy. In fact, social policies as well are relevant.

“How do we be fair to the current generation and future generations, both by protecting and using the reserves wisely in the future? We started now withWith these challenges ahead, the role of the president in safeguarding the reserves will only get more important, he adds. He was speaking to The Straits Times last Friday about how this role will evolve, and how his track record of independence and his experience in government will help him discharge his functions as president if he is elected.

And second, in Government, in rethinking policy. I was very keen to rethink educational policies, our social policies, our economic policies. And I knew I could only do that if I became an MP on the ground and joined the Government. That was an adult decision I made, despite my past, but it was the same me informed by the same practical idealism. And I made that adult decision to join the Government so that I could contribute even more to Singapore.

So when I say I am independent-minded, this is not something that I’m suddenly springing up with because of the presidential election. It goes back to my youth, it goes back to my career in the civil service, including the ups and downs I had, and how I stood my ground all the way through. And it goes back to the last 20 years, the second half of my service in government itself. That’s the way we operated, and that’s the way I operated.

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